<PAGE>

                                                                    Exhibit 99.1

                                                                     Page 1 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                         STATEMENT TO CERTIFICATEHOLDERS
                                 MARCH 15, 2006

                             DISTRIBUTION IN DOLLARS

<TABLE>
<CAPTION>
                             BEGINNING                                                                          ENDING
            ORIGINAL         PRINCIPAL                                                REALIZED   DEFERRED      PRINCIPAL
CLASS      FACE VALUE         BALANCE        PRINCIPAL     INTEREST        TOTAL       LOSSES    INTEREST       BALANCE
-----    --------------   --------------   ------------   ----------   ------------   --------   --------   --------------
<S>      <C>              <C>              <C>            <C>          <C>            <C>        <C>        <C>
A1        49,000,000.00    14,717,984.66   1,597,542.81    35,200.51   1,632,743.32     0.00       0.00      13,120,441.85
A2        42,300,000.00    42,300,000.00           0.00   133,597.50     133,597.50     0.00       0.00      42,300,000.00
A3        16,100,000.00    16,100,000.00           0.00    63,729.17      63,729.17     0.00       0.00      16,100,000.00
A4        21,600,000.00    21,600,000.00           0.00    98,280.00      98,280.00     0.00       0.00      21,600,000.00
M1        19,000,000.00    19,000,000.00           0.00    90,725.00      90,725.00     0.00       0.00      19,000,000.00
M2        11,000,000.00    11,000,000.00           0.00    59,675.00      59,675.00     0.00       0.00      11,000,000.00
B1        10,000,000.00    10,000,000.00           0.00    62,500.00      62,500.00     0.00       0.00      10,000,000.00
B2         4,000,000.00     4,000,000.00           0.00    25,000.00      25,000.00     0.00       0.00       4,000,000.00
CERT               0.00             0.00           0.00   284,667.85     284,667.85     0.00       0.00               0.00
         --------------   --------------   ------------   ----------   ------------     ----       ----     --------------
TOTALS   173,000,000.00   138,717,984.66   1,597,542.81   853,375.03   2,450,917.84     0.00       0.00     137,120,441.85
         ==============   ==============   ============   ==========   ============     ====       ====     ==============
</TABLE>

        FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES

<TABLE>
<CAPTION>
                        BEGINNING                                                  ENDING
CLASS      CUSIP        PRINCIPAL      PRINCIPAL     INTEREST       TOTAL         PRINCIPAL
-----    ---------   --------------   -----------   ----------   -----------   --------------
<S>      <C>         <C>              <C>           <C>          <C>           <C>
A1       68619AAZ0     300.36703388   32.60291449   0.71837776   33.32129224     267.76411939
A2       68619ABA4   1,000.00000000    0.00000000   3.15833333    3.15833333   1,000.00000000
A3       68619ABB2   1,000.00000000    0.00000000   3.95833354    3.95833354   1,000.00000000
A4       68619ABC0   1,000.00000000    0.00000000   4.55000000    4.55000000   1,000.00000000
M1       68619ABD8   1,000.00000000    0.00000000   4.77500000    4.77500000   1,000.00000000
M2       68619ABE6   1,000.00000000    0.00000000   5.42500000    5.42500000   1,000.00000000
B1       68619ABF3   1,000.00000000    0.00000000   6.25000000    6.25000000   1,000.00000000
B2                   1,000.00000000    0.00000000   6.25000000    6.25000000   1,000.00000000
                     --------------   -----------   ----------   -----------   --------------
TOTALS                 801.83806162    9.23435150   4.93280364   14.16715514     792.60371012
                     ==============   ===========   ==========   ===========   ==============
</TABLE>

                               PASS-THROUGH RATES

<TABLE>
<CAPTION>
        CURRENT PASS-
CLASS     THRU RATE
-----   -------------
<S>     <C>
A1        2.870000%
A2        3.790000%
A3        4.750000%
A4        5.460000%
M1        5.730000%
M2        6.510000%
B1        7.500000%
B2        7.500000%
</TABLE>

 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
                           ADMINISTRATOR LISTED BELOW:

                                   Janice Rose
             JPMorgan Chase Bank, N.A. - Structured Finance Services
                                600 Travis, 9 FL
                              Houston, Texas 77002
                    Tel: (713) 216-3068 / Fax: (713) 216-4880
                          Email: Janice.Rose@chase.com

(JPMORGAN LOGO)      COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 2 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 MARCH 15, 2006

<TABLE>
<S>                    <C>                                                                  <C>
Section 7.05(a)(i)     Principal Payment Allocable to                                         1,597,542.81
                       Holders

Section 7.05(a)(ii)    Interest Payment Allocable to                                            568,707.18
                       Holders

Section 7.05(a)(iii)   Servicing Fee                                                            173,674.03
                       Indenture Trustee Fee                                                      2,639.39
                       Indenture Trustee Expenses                                                   887.90
                       Owner Trustee Fee                                                            333.34
                       Monthly Backup Servicing Fee                                               5,000.00

Section 7.05(a)(iv)    Beginning Balance of Contracts                                       166,727,071.51
                       Ending Balance of Contracts                                          165,129,528.70

Section 7.05(a)(v)     Number of Contracts                                                           3,846
                       Weighted Average Remaining Term                                              206.94
                       Weighted Average Contract Rate:                                               9.588%

Section 7.05(a)(vi)    Number and Aggregate Principal Amounts of Contracts in Delinquency
                       inlcuding Repossessions
</TABLE>

                               Delinquency Totals
                                  Group Totals

<TABLE>
<CAPTION>
  Period     Number   Principal Balance   Percentage
  ------     ------   -----------------   ----------
<S>          <C>      <C>                 <C>
30-59 days      27       1,018,101.40        0.62%
60-89 days      12         474,872.37        0.29%
90+days         58       2,646,530.02        1.60%
               ---       ------------        ----
Total           97       4,139,503.79        2.51%
               ===       ============        ====
</TABLE>

     Number and Aggregate Principal Amounts of Contracts Repossessed During
                                Reporting Period

                               Repossession Totals

<TABLE>
<CAPTION>
Number of    Principal
  Loans       Balance    Percentage
---------   ----------   ----------
<S>         <C>          <C>
    9       365,918.99      0.22%
</TABLE>

        Number and Aggregate Principal Amounts of Contracts in Inventory

                               Repossession Totals

<TABLE>
<CAPTION>
Number of     Principal
  Loans        Balance     Percentage
---------   ------------   ----------
<S>         <C>            <C>
    38      1,765,525.53      1.07%
</TABLE>

(JPMORGAN LOGO)      COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 3 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 MARCH 15, 2006

        Number and Aggregate Principal Amounts of Contracts in Bankruptcy

                                Bankruptcy Totals

<TABLE>
<CAPTION>
Number of     Principal
  Loans        Balance     Percentage
---------   ------------   ----------
<S>         <C>            <C>
    91      4,346,391.08      2.63%
</TABLE>

<TABLE>
<S>                     <C>                                                                 <C>
Section 7.05(a)(viii)   Principal Prepayments                                                   857,406.80

                        Liquidation Proceeds                                                    123,437.54

Section 7.05(a)(viii)   Realized Losses
                           Current Period                                                       239,190.16
                           Cumulative                                                         1,943,031.03

Section 7.05(a)(ix)     Adjusted Note Balances
                           Class M1                                                          19,000,000.00
                           Class M2                                                          11,000,000.00
                           Class B1                                                          10,000,000.00
                           Class B2                                                           4,000,000.00

Section 7.05(a)(x)      Interest Payment Amount

                           Interest Distribution - A-1                                           35,200.51

                           Interest Distribution - A-2                                          133,597.50

                           Interest Distribution - A-3                                           63,729.17

                           Interest Distribution - A-4                                           98,280.00
                           Available Funds Cap Carry-Forward Amount - A-4                             0.00
                           Interest Reduction Amount - A-4                                            0.00

                           Interest Distribution - M-1                                           90,725.00
                           Available Funds Cap Carry-Forward Amount - M-1                             0.00
                           Liquidation Loss Interest Amount - M-1                                     0.00
                           Interest Reduction Amount - M-1                                            0.00

                           Interest Distribution - M-2                                           59,675.00
                           Available Funds Cap Carry-Forward Amount - M-2                             0.00
                           Liquidation Loss Interest Amount - M-2                                     0.00
                           Interest Reduction Amount - M-2                                            0.00

                           Interest Distribution - B-1                                           62,500.00
                           Available Funds Cap Carry-Forward Amount - B-1                             0.00
                           Liquidation Loss Interest Amount - B-1                                     0.00
</TABLE>

(JPMORGAN LOGO)      COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 4 of 4


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2004-B
                                 MARCH 15, 2006

<TABLE>
<S>                     <C>                                                                 <C>
                           Interest Reduction Amount - B-1                                            0.00

                           Interest Distribution - B-2                                           25,000.00
                           Available Funds Cap Carry-Forward Amount - B-2                             0.00
                           Liquidation Loss Interest Amount - B-2                                     0.00
                           Interest Reduction Amount - B-2                                            0.00

Section 7.05(a)(xi)     Overcollateralization Target Amount                                  28,009,086.85
Section 7.05(a)(xii)    Overcollateralization Amount                                         28,009,086.85

Section 7.05(a)(xiv)    Trust Certificate Distribution                                          284,667.85

Expense Paid to LLC
   and DRS                                                                                          395.39
Servicing Fee
   Adjustment                                                                                    -2,303.22
Miscellaneous
   Servicing Expenses                                                                                 0.00
</TABLE>

(JPMORGAN LOGO)      COPYRIGHT 2005 J.P. MORGAN CHASE & CO. ALL RIGHTS RESERVED.